The Department of Labor recently rolled out a proposed rule seeking to deliver on its promise to allow more alternative assets into 401(k) plans. The rule, issued on Mar. 31, details factors fiduciaries should consider when selecting investments such as private equity or cryptocurrency for inclusion in a defined contribution plan.
While the Biden administration cautioned retirement plan sponsors against including such investment options in their 401(k) plans, the Trump administration has taken a more permissive
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